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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 6: Completing the Tests in the Sales and Collection Cycle: Accounts Receivable, Audit Sampling for Tests of Details of Balances, and Audit of the Acquisition and Payment Cycle
  5. Question
    A Failure to Record Acquisitions of Goods Most Likely Will
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A Failure to Record Acquisitions of Goods Most Likely Will

Question 28

Question 28

Multiple Choice

A failure to record acquisitions of goods most likely will affect all but which of the following?


A) Cash.
B) Accounts payable.
C) Net income.
D) Retained earnings.

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